As a seasoned crypto investor with a knack for navigating the ever-changing tides of the digital currency market, I find myself intrigued by the recent surge in Toncoin (TON). Having witnessed its rollercoaster ride since its inception, I’ve learned to appreciate its resilience and potential.
Buyers are back in the game at the end of the week, according to CoinStats.
TON/USD
The price of Toncoin (TON) has increased by 2.13% over the last 24 hours.
On the hourly chart, the price of TON has increased following a misleading drop below its nearby support level at $4.909. Should buyers maintain control, the uptrend could potentially extend towards the $5 region.
On a daily basis, the price of TON is currently fluctuating within the range of the previous day’s trade. At present, neither buyers nor sellers are clearly in control.
In summary, it seems that the price will probably continue to hover between around $4.9 and $5.1 over the coming days.
On a weekly basis, the altcoin’s rate has rebounded from its support at $4.601. Yet, the current momentum doesn’t appear strong enough for long-term advancement. For bulls to regain control, they must push the price back up towards $5.4.
TON is trading at $4.94 at press time.
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2024-10-27 19:24